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Liaison forum presentation – February 2025 [PDF 679 kB]
Summary
The Payment Times Reporting Act 2020 has been in operation for over 4 years.
The Australian Parliament passed the Payment Times Reporting Amendment Act 2024 (Amendment Act) on 3 July 2024 and the Payment Times Reporting Rules 2024 commenced on 13 September 2024.
Under the scheme, as at 31 January 2025, there were:
- more than 12,000 reporting entities
- over 72,000 published payment times reports on the register.
About the liaison forum
The liaison forum is held after every Regulator's update publication.
The February 2025 liaison forum included information on reporting under the new reforms, a compliance update and an update on the Regulator's new research and outreach function.
There were 330 attendees representing 226 different organisations.
The Regulator thanks those that participated in the survey at the end of the forum. The feedback will be reviewed and incorporated into future forums and information sessions.